Copper price revives – Analysis – 19-6-2019

Copper price kept its positive stability above the bullish channel’s support line at 2.6300, to confirm keeping the bullish bias domination, while gathering new positive momentum pushes the price to start forming bullish trades, to approach the first target at 2.7200.

Stochastic continuous positive momentum signals by fluctuating near 80 level increases the chances of surpassing the current barrier, to ease the mission of reaching the next station at 2.7800.

The expected trading range for today is between 2.6650 and 2.7500

The expected trend for today: Bullish